Trifecta Capital, founded by Nilesh Kothari and Rahul Khanna, manages a corpus of Rs 500 crore. RBL Bank and Azim Premji Trust are anchor investors in the fund.

The firm provides early-stage debt capital to Indian companies, mainly in the technology sector. It usually prices its debt between 15% and 17%. The firm also looks to acquire a stake in companies through cashless warrants or partly paid-up shares.